Welcome to the VP Finance & Operations portfolio
The nine divisions of the VPFO are responsible for the stewardship of UBC’s physical and financial assets, as well as safety and risk management for our university community.
We oversee a $3.98 billion budget, a $3.38 billion endowment, and all facilities on both campuses, as well as managing the university’s relationships with UBC Investment Management and UBC Properties Trust. In all the portfolio’s responsibilities, we are committed to the values of innovation, unity and accountability.

VPFO Strategic Plan 2024–2027
Having a strategic plan gives us a clear path, keeping everyone on the same page. Learn more about where we’re going next and how we plan to get there.
News from the VPFO
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UBC Completes Initial Transitioning of Funds Through the Responsible Investing Strategy
As part of UBC’s commitment to a low-carbon, sustainable future and divesting the endowment, the university is pleased to share that $34M of endowment funds have been transitioned to fossil-fuel-free investments.
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Faculty and Staff Tax Slips for the 2020 Tax Year will be Available in Workday
This year, T4 tax slips (and T4As, where applicable) will be made available for faculty and staff through the Workday system before the end of February, in line with Canadian tax legislation.
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UBC planning $315 million facility expansion of medical research and nursing schools
The Vancouver Urbanized blog shared an overview of some key projects planned for the Point Grey campus, including new health sciences facilities located at the main gateway into the campus.
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Claiming home office expenses — updated CRA guidance
Recognizing the special circumstances of the 2020 tax year, the CRA has announced two new ways employees may be able to claim home office expenses.
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John Metras, UBC’s AVP Facilities to speak at St. john’s College’s Hot Lunch speaker series
On January 27, St. John’s College’s Hot Lunch speaker series invites you to meet over lunch with a group of our colleagues from across the university, and share thoughts and conversations about how we might work toward the goal of…
People of the VPFO
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Michaela Kelly joins as Executive Assistant supporting Executive Director, UBC Safety & Risk Services
Michaela comes to UBC from the public relations agency Hill+Knowlton Strategies (H+K), where she provided strategic and integrated communications support to some of Canada’s leading brands across a wide range of sectors.
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Valerie Nichol appointed UBCO’s Director of Integrated Planning and Chief Budget Officer as of July 1, 2023
Valerie brings seven years of valuable experience within UBC Okanagan, along with a significant tenure in various other organizations, which she will leverage to enhance our finance team.
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Samuel Akindele joins Facilities’ Municipal Services as Trades 3 Mechanic
Samuel has over 15 years of experience as Heavy Duty Mechanic. He joins UBC most recently from BC Ferries where he worked as Marine Engine Mechanic, and was responsible for Engine Overhauling, Rad Drives, and Pumps.
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Forecasting for a solid future
Raffaela works with her team to ensure a sound financial position for UBC for generations to come. Read more about what it’s like working in a team as diverse as Treasury, what respect means to her professionally, and how she…
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Bringing teams together over good food and good laughs
“Food brings people together,” explains Bryan Antenor, Customer Support Manager in Financial Operations. “Connecting over potlucks, having a few good laughs and participating in highly competitive Mario Kart Switch tournaments are just some of the simple yet effective ways we…